Pension funds with a high risk appetite of pumping funds into equities in the past one year enjoyed a higher return compared to the more conservative peers, a new industry survey shows.
The survey by Zamara for the period ending March 31 shows the schemes, which on average allocated 32.2 per cent of assets into equities by the end of March—classifying them as aggressive schemes— enjoyed an average return of 23.4 per cent in the year to March.
